Credit union · NCUA insured
Rushmore Credit Union
A $29.2M credit union headquartered in Rapid City, SD, with 1,423 members and 1 branch in South Dakota. Best rates: CDs 3.75% and savings 1.00% APY.
Rushmore Credit Union Carrot Score
81
Carrot Score
Higher than 55% of U.S. banks and credit unions
#8 of 16 in Rapid City, SD metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Rushmore Credit Union
Formed in September 1964 to serve employees and directors of rural electric cooperatives, Rushmore Electric Federal Credit Union is based in Rapid City, South Dakota.
The financial cooperative is member-owned and operates as a non-profit credit union.
- Headquarters
- 1805 Cambell St, Rapid City, SD 57701
- NCUA charter
- 16444
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees and directors of rural electric cooperatives are eligible for membership.
Family and household
- Spouses and children of members are eligible for membership.
Cost to join
- Opening a $5 share savings account is required to become a member.
Branches
1 branch in South Dakota
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South Dakota
1 branch
- Rushmore Electric FCUMain office1805 Cambell St, Rapid City, SD 57701Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.00% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.50% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.91% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $28 | $59 | — |
- CapitalNet worth ratio10.00%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.50%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.91%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$28Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Rushmore Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.